Roblin Credit Union Limited
Home News About Us CU@HOME Login
Account Services
MemberDirect
Account Services
Loans
Lending Department
Interest Rates
Service Charges
News & Updates
Contact Us

 


ACCOUNT SERVICES

Regular Chequing
Premium Plus
Flat Fee Chequing Account
U.S. Premium Plus Chequing
Golden Account
Organization - Non Profit
Youth Accounts Fat Cat Account
Headstart Account
Graduate Account
Plan 24 - Daily Savings
Special Savings
Plus 24 - Investment Savings
Guaranteed Investment Certificates (GIC's)
Rate Hiker GIC's
Tax-Free Savings Account
Registered Retirement Savings (RRSP)
Vari-Flex
Registered Retirement Income Fund (RRIF)
LIRA (Locked-In Retirement Account)
LIF (Life Income Fund)
Telephone Banking
Member Direct
MemberCard
Night Depository
Surplus Shares
Registered Education Savings Plan (RESP)

Regular Chequing
Our basic pay-as-you-go account, ideal for infrequent cheque writers.

Account features:

  1. Available for personal, agricultural and commercial accounts

  2. First 10 cheques or pre-authorized withdrawals FREE

  3. Bill payments: over-the-counter, Internet and Telephone Banking.

  4. FREE Canadian CU ATM transactions

  5. FREE Certified Financial Planning

  6. Statements printed monthly quarterly, semi-annual or annual; statement cut-off 12th of month

  7. E-Statements available with internet banking


Premium Plus
Our Premium Plus account provides a combination of chequing and savings all in one package,eliminating the need to transfer funds from savings to chequing.

Account features:

  1. Available for personal, agricultural & commercial

  2. Interest is calculated on the closing daily balance and on the entire balance in the account

  3. Interest rate increases as the balance of the account increases.

  4. No service charges when the balance of the account exceeds the $500 minimum.

  5. Bill Payments: Over-the-counter, Internet & Telephone Banking.

  6. FREE Certified Financial Planning


Flat Fee Chequing Account
Great for members who prefer one monthly fee, who write a lot of cheques and use Interac often. No minimum monthly balance required.

Account features:

  1. Available for personal, agricultural and commercial accounts

  2. Unlimited transactions including cheques, debits, Interac direct payment and Canadian Credit Union ATM transactions

  3. No charge telephone banking and internet banking including FREE telpay bill payments

  4. FREE Certified Financial Planning

  5. FREE money orders, travelers cheques, certified cheques and utility bills

  6. Statements printed monthly, quarterly, semi-annual or annual; Statement cut-off 12th of month.


U.S. Premium Plus Chequing
With a US dollar chequing account there is no need to convert US cheques to cash, simply deposit to your US account. With a US dollar chequing account you can convert currency when it is most favorable for you.

Account features:

  1. Interest rate increases as balance increases

  2. FREE cash withdrawals and deposits


Golden Account
Members age 60 and older.

Account features:

  1. 40 FREE chequing transactions per month including: In-branch cash withdrawals, Cheque & preauthorized debits, Interac direct payments, Canadian CU ATM transactions. Additional transactions at posted rates.

  2. FREE bill payments, Travellers' Cheques & certified cheques

  3. Memberdirect and Telephone banking

  4. Statements printed montly, quarterly, semi-annual or annual; Statement cut-off 12th of month.

  5. Direct Deposit available.


Organization - Non Profit

Account features:

  1. Unlimited FREE chequing transactions including cheques and pre-authorized payments

  2. NO statement or maintenance fees.


Youth Accounts Fat Cat Account
A fantastic, fun way to introduce children to the concept of money management For ages 0-12 years.

Account features:

  1. Plan 24 Savings Account, 0.25% higher than
    regular Plan 24

  2. GIC’s (1-5 year term), minimum deposit of $300

  3. We will pay $5 towards the member share on 10th birthday.

  4. Opening account gift

  5. Statement printed semi-annually on June 12th and Dec. 12th


Headstart Account
A faster, easier and more exciting way for youth to get a head start on managing money efficiently. For ages 13-18 years.

Account features:

  1. Plan 24 Savings Account, 0.25% higher than regular Plan 24

  2. Combination Savings/Chequing account:

    a. All-in-one chequing at a rate 0.25% higher than regular Plan 24

    b. Ten (10) free cheques per month and $0.20 per cheque thereafter

    c. Explain how to use a chequing account (record keeper, statement reconciliation)


  3. Member Card -Parent/Guardian signature required for debit card and no service charges for POS or ATM transactions

  4. GIC’s (1-5 year), minimum deposit of $300

  5. Statements printed semi-annually

  6. Opening account gift

  7. First car loan (O.A.C.)

    a. We will offer a rate of 1% less than the equivalent consumer rate

    b. Co-signature of parent/guardian who qualifies for the loan in their own name

    c. Student has a source of income sufficient to meet the loan payments



Graduate Account
Designed for students between 17 and 25. Lower your banking costs, so you can save for school.

Account features:

  1. Proof of post-secondary enrollment required

  2. Graduate chequing or P24

  3. FREE first order of 12 personalized cheques

  4. FREE transactions including cheques, Interac direct payment and CU ATM transactions

  5. FREE Telephone Banking and Internet Banking, including FREE TelPay Bill payments

  6. Statements with images printed monthly, quarterly, semi-annual or annual; Statement cut-off 12th of month.

  7. FREE Certified Financial Planning

  8. Student Mastercard available, on approved credit

  9. Financial assistance for post secondary education for up to four years, on approved credit

  10. First car loan (O.A.C.)

    a. We will offer a rate of 1% less than the equivalent consumer rate

    b. Co-signature of parent/guardian who qualifies for the loan in their own name

    c. Student has a source of income sufficient to meet the loan payments



Plan 24 - Daily Savings
Don't lose another days interest. With a Plan 24 account your money grows daily. A great place to put some money that isn't needed for the moment.

Account features:

  1. Interest is calculated on the closing daily balance and paid monthly

  2. Descriptive monthly statement provided at no charge


Special Savings
A longer term savings plan that pays a higher rate of interest than the Plan 24 account.

Account features:

  1. Interest is calculated on the minimum monthly balance and paid annually in December

  2. Descriptive monthly statement provided at no charge for those months when account activity takes place


Plus 24 - Investment Savings
A savings plan with flexible access and a great rate!! For members who don't want to lock their funds in GICs but want a higher yield.

Minimum balance of $5,000 required.

Account features:

  1. Interest calculated on the closing daily balance and paid monthly.

  2. Designed for ATM, cu@home, and telephone banking; not for debit card use.


Guaranteed Investment Certificates (GIC's)
Watch your investments grow with the safety and security of a GIC. Various term lengths available to suit your needs from months to years. Best of all the rate is guaranteed so that you know in advance what your investment will be worth at maturity.

Account features:

  1. Competitive rates and fully guaranteed.

  2. Investment options from 30 days to 5 years.

  3. Term information and activity is recorded on a descriptive monthly statement along with your other accounts.

  4. For more information, please contact Devron at 937-6557.


Rate Hiker GIC's
Rate Hiker offers you the ability to boost your interest if rates rise and it protects you should the rates fall. Rate Hiker gives you peak RRSP performance. For more information, please call our investment specialist, Devron, at 937-6557.

Account features:

  1. Available for registered and non-registered investments.

  2. Available in a 3, 4 or 5 year non-redeemable term.

  3. An option exists to select an interest rate that is equivalent to the remaining term of the deposit. This option may be exercised twice at any time during the term.

  4. Interest is calculated on the daily closing balance and is paid December 31st of each year and on the maturity date.


Tax-Free Savings Account
To provide a savings vehicle for individuals to earn tax-free investment income.

Account features:

  1. A Tax-Free Savings Account can be opened by any Canadian Resident who:

    is 18 years or older (no maximum age)and has a Social Insurance number

    Although deposits are not tax-deductible, any interest earned on your TFSA is not taxable.

    After 2009, the $5,000 maximum contribution limit may be increased depending on the rate of inflation; rounded to the nearest $500, e.g. if the rate of inflation in 2009 is 5.1%, in 2010, the maximum would increase to $5,500 ($5,000 x 5.1% = $255; nearest $500 is $5,500). Therefore the limit will increase some years, but not every year.

    Contributions are not tax deductible.

    Any unused contribution room will be carried forward indefinitely.

    Withdrawals made during one year, will increase your contribution room for the following years.

    You do not need to earn any income to obtain TFSA contribution room, but you must file a tax return in order for the Canada Revenue Agency to provide your contribution room information.

    For more information, please visit us in either branch or call Devron, our investment specialist, at 937-6557.


  2. For more information, click on our News & Updates tab, then click on Tax-Free Presentation to view our presentation.


Registered Retirement Savings (RRSP)
Plan today for tomorrow. A Roblin Credit Union RRSP allows you to establish some security for your financial future. Not only do you establish a nest egg for retirement but you also take advantage of tax refunds!!

Account features:

  1. Various plans and options available.

  2. No fees.

  3. Competitive rates and investment terms.

  4. Automatic transfers can be set up on flexible terms to meet your needs.

  5. RRSP's are displayed on your monthly statement along with your other accounts.

  6. For more information, please contact Devron, our investment specialist, at 937-6557.


Vari-Flex
An easy and affordable way to save for retirement.

Account features:


Registered Retirement Income Fund (RRIF)
After age 69 you are required to collapse your RRSP's. One way to maintain control of your funds and reduce taxation is a RRIF. Many plans and options are available to suit your retirement needs. If you require further information, please contact Devron, our investment specialist at 937-6557.

Account features:

  1. No fees.

  2. Many payment options available from monthly to annually.

  3. Competitive rates and investment options.

  4. RRIF activity is recorded on your descriptive monthly statement along with your other accounts.


LIRA (Locked-In Retirement Account)
A LIRA represents restricted funds that have been transferred from a Pension Fund to an RRSP.

Account features:

  1. Available as variable rate or fixed rate deposits, just like RRSP's.

  2. Can only be withdrawn by conversion to a LIF or purchase annuity.


LIF (Life Income Fund)
A LIF is the same as a RRIF with an additional restriction - there are minimum and maximum limits on the funds that can be withdrawn annually.

Account features:

  1. Available in both variable and fixed rate options, just like the RRIF account.


Telephone Banking

Account features:

  1. Pay bills, review statement items, get current account balances and transfer funds all by phone.



Member Direct

Account features:

  1. Internet banking that allows members to transfer funds between multiple accounts, view statement items and pay bills at their convenience.



MemberCard

Account features:

  1. Debit card that allows you access to your account to withdraw, deposit, make payments at an ATM or make a purchase at any point of sale terminal. Roblin Credit Union members using any Credit Union ATM pay no service charges.



Night Depository
Night deposit service is available for deposit after regular office hours.

Account features:

  1. Make deposits outside regular office hours.

  2. Deposits credited to account on next business day.

  3. Annual rental fee.


Surplus Shares
Share the wealth and prosperity of Roblin Credit Union. Patronage refunds are paid to members based on the amount of business done with the credit union. This includes all interest paid on loans, mortgages and lines of credit as well as interest earned on investments such as savings, term deposits and RRSP's.

Account features:

  1. Surplus shares receive dividends each year as declared by the Board of Directors.

  2. Surplus shares are non redeemable except in case of members attaining the age of 65, closing their accounts or becoming deceased.

  3. Surplus share balances exceeding $2,500 will be paid out in cash if approved by the Board of Directors.


Registered Education Savings Plan (RESP)
An RESP is a type of savings account that grows tax-free until a child is ready for post-secondary education. Contributions you make may qualify for the 20% Canada Education Savings Grant!

Account features:

  1. Make an appointment to see our Investment Specialist, Devron Jakeman at 937-6557, to discuss your options and/or to open an RESP for your child's education.



Building a Future with You